News Details
Haas now have ‘10%' spending deficit, not ‘100%'
With the new budget cap now in play, Haas boss Guenther Steiner says his team are spending 10% less than the other teams rather than 100%. In recent years, Mercedes, Ferrari and Red Bull had established themselves as the three highest-spending teams on the grid and that showed until last season as the trio pulled away at the front, leaving a ‘best of the rest' battle behind. But for 2021, teams are now capped at spending $145million per season and while Haas are not at that level, Steiner said the deficit to other teams is now '10%' rather than '100%'. The new Concorde Agreement and more even distribution of funds between teams going forward was also a key factor in keeping Haas in...
Full Story »
Full Story »
4y ago from PlanetF1.com
0
You May Also Be Interested In...
Mercedes tackles F1 budget cap with new division
Mar.4 A new division at Mercedes was set up to help the Formula 1 team...
4y ago from OneStopStrategy.com
Haas will 'live with risk' of not developing 2021 car...
Haas team boss Guenther Steiner says the US outfit's decision not to...
4y ago from F1i.com
Haas' Russian livery 'doesn't circumvent' rules -...
Haas F1 Team boss Guenther Steiner says the livery of its 2021 car does...
4y ago from F1i.com
No token spend from Haas as they're treating '21 as...
Haas have opted against spending any performance tokens on their 2021 car...
4y ago from FormulaSpy.com
Elsewhere On The Network
Popular On MGPToday.com
Yamaha confirms its V4 will race at MotoGP San Marino...
No description available...
5h ago from Motorsport.com
Marc Marquez: ‘Not normal to win every weekend’...
Marc Marquez admits “it’s not normal to win every weekend” despite...
8h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s Hungarian Grand Prix
No description available...
11h ago from Motorsport.com
“I’m back” – Jorge Martin on MotoGP Hungarian...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Mother Nature helped, but Christian Rasmussen was the...
No description available...
5h ago from Motorsport.com
Red Bull eyeing F1 drive for IndyCar champion Alex...
Red Bull is eyeing a move for IndyCar champion Alex Palou to join Max...
10h ago from MotorsportWeek.c...
Winners and losers of IndyCar Snap-On Milwaukee Mile...
No description available...
13h ago from Motorsport.com
Honda awarded IndyCar manufacturers’ championship
Even though the 2025 IndyCar season is not yet complete, Honda has been...
7h ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA launches tender process for new WRC promoter
No description available...
4d ago from Motorsport.com
Esteban Ocon's wild childhood dream: 'I wanted to buy...
No description available...
1w ago from Motorsport.com
How drones will change the way you watch motorsport
No description available...
1w ago from Motorsport.com
How WRC's crucial 2027 rules are falling into place
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Premier League: 10 talking points from the weekend’s...
harlison and Martín Zubimendi are changing things up at Spurs and...
3h ago from TheGuardian.com
“Top-quality” star edging closer to Arsenal exit...
Arsenal defender Jakub Kiwior could be on his way out of North London this...
8h ago from CaughtOffside.com
Saka set to miss Liverpool clash and England qualifiers
Bukayo Saka is set to miss Arsenal's Premier League clash with Liverpool...
8h ago from SkySports.com
Arsecast Extra Episode 655 – 25.08.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
10h ago from Arseblog.com
Comments
Hottest News
Andretti breaks silence on 2026 Cadillac F1 driver line-up
Cadillac board member and former F1 champion... Read More »
12h ago from MotorsportWeek.com
Unseen Ferrari footage drops after Hamilton dispute
Previously unseen footage of the aftermath of... Read More »
4h ago from GPFans.com
Kelly Piquet shares loved-up snaps with Max Verstappen
Kelly Piquet has shared a dreamy insight into her... Read More »
1h ago from GPFans.com
